fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » IDFC Tax Advantage ELSS Fund

IDFC Tax Advantage (ELSS) Fund - G

NAV  ₹148.003 ↑ 0.66  (0.45 %) as on 14 Jun 24

Scheme Objective

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR return of 19% since its launch.  Ranked 3 in ELSS category.  Return for 2023 was 28.3% , 2022 was 4.2% and 2021 was 49.2% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

NAV as on 14 Jun 24₹148.003 ↑ 0.66  (0.45 %)
Net Assets (AUM) as on 30 Apr 2024 ₹6,432 Cr.
Launch Date26 Dec 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDFC Asset Management Company Limited
Alpha Ratio3.8
Expense Ratio1.95 %
Sharpe Ratio2.777
Information Ratio0.32
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jun 24

DurationReturns
1 Month 6.4%
3 Month 9.1%
6 Month 15.8%
1 Year 34.8%
3 Year 20.1%
5 Year 21.2%
10 Year
15 Year
Since launch 19%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 28.3%
2022 4.2%
2021 49.2%
2020 18.7%
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹7,360
31 May 21₹14,479
31 May 22₹16,071
31 May 23₹18,566
31 May 24₹24,393
IDFC Tax Advantage (ELSS) Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.51%
Equity97.49%
IDFC Tax Advantage (ELSS) Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services27.63%
Consumer Cyclical12.67%
Industrials11.34%
Health Care8.73%
Basic Materials8.34%
Consumer Defensive8.06%
Technology7.54%
Energy6.01%
Communication Services3.13%
Utility3.06%
Real Estate0.99%
IDFC Tax Advantage (ELSS) Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
Banks - Regional6%₹357 Cr2,350,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
Banks - Regional5%₹345 Cr3,000,000
↓ -400,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
Oil & Gas Refining & Marketing5%₹323 Cr1,100,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 532215
Banks - Regional4%₹268 Cr2,300,000
↑ 100,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services3%₹199 Cr1,400,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
Banks - Regional3%₹198 Cr2,400,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
Telecom Services2%₹159 Cr1,200,000
↓ -75,000
NTPC Ltd (Utilities)
Equity, Since 30 Sep 22 | 532555
Utilities - Regulated Electric2%₹145 Cr4,000,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
Auto Manufacturers2%₹141 Cr1,400,000
Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | 532286
Steel2%₹139 Cr1,500,000
1 - 10 of 71
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Daylynn Pinto20 Oct 167.53 Yr.
Ritika Behera7 Oct 230.56 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Bandhan Asset Management Company LimitedBandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai

Auditors

CompanyAddress
Deloitte Haskins & Sells LLP12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDFC Tax Advantage (ELSS) Fund
Growth
₹148.003
↑ 0.66
15.8 %34.81 %20.07 %21.18 %
IDFC Tax Advantage (ELSS) Fund
Normal Dividend, Payout
₹34.293
↑ 0.15
7.5 %18.34 %14.81 %17.96 %
Data as on 14 Jun 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.